Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.36

+1.4%

Nov 26 3:59 PM EST

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To: Torben Noerup Nielsen who wrote (29913)	1/6/2000 8:47:00 PM
From: Henry Niman	Read Replies (2) of 32384

I would expect a LGND press release Monday night or Tuesday morning regarding new data to be presented at H&Q. As I recall, LGND plans on a European sales force on a par with the US sales force. businesswire.com However, they also now have two European distribution agreements covering countries not well targeted by their developing European sales force. businesswire.com businesswire.com I think that since LGND is getting up-front payments for an agreement that specifically mentions NHL, breast cancer, and psoriasis, and these indications are stated in the press release, there is a very high likelihood that LGND has seen initial Phase II data and it is encouraging. I read tonight's press release to a precursor to some very encouraging clinical data and would not be surprised to see LGND set a 52 week high prior to their H&Q presentation on Tuesday.

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